Novare Capital Management LLC Invests $8.35 Million in iShares Core MSCI EAFE ETF $IEFA

Novare Capital Management LLC acquired a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 92,181 shares of the company’s stock, valued at approximately $8,345,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Apella Capital LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 9.3% during the fourth quarter. Apella Capital LLC now owns 447,787 shares of the company’s stock valued at $40,059,000 after acquiring an additional 38,001 shares during the last quarter. Becker Capital Management Inc. grew its stake in shares of iShares Core MSCI EAFE ETF by 7.9% in the third quarter. Becker Capital Management Inc. now owns 200,026 shares of the company’s stock worth $17,464,000 after purchasing an additional 14,582 shares during the last quarter. Clearstead Advisors LLC increased its holdings in iShares Core MSCI EAFE ETF by 11.0% during the 3rd quarter. Clearstead Advisors LLC now owns 844,736 shares of the company’s stock valued at $73,754,000 after purchasing an additional 83,798 shares during the period. Enclave Advisors LLC raised its position in iShares Core MSCI EAFE ETF by 22.9% during the 4th quarter. Enclave Advisors LLC now owns 151,627 shares of the company’s stock valued at $13,565,000 after purchasing an additional 28,244 shares during the last quarter. Finally, Arkos Global Advisors raised its position in iShares Core MSCI EAFE ETF by 16.4% during the 3rd quarter. Arkos Global Advisors now owns 1,005,429 shares of the company’s stock valued at $87,784,000 after purchasing an additional 141,522 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $97.39 on Tuesday. iShares Core MSCI EAFE ETF has a fifty-two week low of $79.82 and a fifty-two week high of $98.83. The stock has a 50 day simple moving average of $96.55 and a two-hundred day simple moving average of $93.85. The stock has a market cap of $166.54 billion, a P/E ratio of 16.18 and a beta of 0.84.

About iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.